Churchill Asset Management LLC is a large advisory firm based in New York. It manages $4.71 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2015.
Churchill Asset Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, publication of newsletters, and registrant provides investment advisory and subadvisory services to collaterized loan obligations. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Churchill Asset Management LLC is $4.71 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3364% since the beginning of its operation, and $1.63 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Churchill Asset Management LLC for their services and products based on a percentage of assets under management, subscription fees, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Churchill Asset Management is pooled investment vehicles with 12 clients and $3.43 billion of assets under management. Among the 10 most similar advisory firms, Churchill Asset Management has the 3rd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.43 billion for 12 clients. 35% of the firm’s clients are foreign persons or businesses.
Churchill Asset Management also advises several private funds.
The company employs 33 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Churchill Asset Management LLC performs its advisory services is located at 430 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-478-9200 or by fax 212-593-4564. The normal business hours are 8:15am - 5:00pm on Monday - Friday. You can find more information about the New York firm at churchillam.com and its LinkedIn profile.